P543 Teletext 543 Feb11 00:12:07
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-- CAPITAL GAINS TAX ------------------
Teletext replies
The Inland Revenue says the changes
are aimed at stopping exploitation
of the previous rules. For example:
$ shares bought for £1,000 and later
sold for £1,200 show £200 profit
$ indexation of £400 may have been
allowed on that £200 profit
■ deducted from the unindexed gain it
would produce a "loss" of £200.
But that has now changed. cont...
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Property Plus Your money Tax Index